Basf (ETR:BAS) Stock Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• Basf SE shares have surpassed their 200-day moving average, reaching a high of €44.30 ($51.51) during trading.
• The company has a market capitalization of $40.40 billion and a debt-to-equity ratio of 64.22, indicating a moderate level of debt.
• Basf operates in six segments, including Chemicals, Materials, and Agriculture, providing a diverse offering in the chemical industry.

Basf Se (ETR:BAS - ) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €43.67 ($50.78) and traded as high as €44.30 ($51.51). Basf shares last traded at €44.00 ($51.16), with a volume of 1,432,003 shares trading hands.

Basf Price Performance

The company has a current ratio of 1.87, a quick ratio of 1.02 and a debt-to-equity ratio of 64.22. The firm has a market capitalization of $40.40 billion, a price-to-earnings ratio of 81.00, a PEG ratio of 0.25 and a beta of 1.21. The business has a 50-day moving average price of €44.35 and a two-hundred day moving average price of €43.67.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.